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uncollateralized
From Wiktionary, the free dictionary
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English
Etymology
From un- + collateralized.
Adjective
uncollateralized (not comparable)
- Not collateralized.
- 2009 June 23, Dwight Cass, Christopher Hughes, “Unwinding Fed Support”, in New York Times:
- Today, a bank can borrow dollars on an uncollateralized basis for a month in the interbank market for about 0.30 percent, which is more attractive than a Fed loan requiring full collateral, even if it is slightly cheaper.
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